Fundamentals - Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Reclassified) Year Ending Dec 2015 (Reclassified) Year Ending Dec 2014 (Update)
Net Sales 2,188.15 1,764.22 1,155.68 1,357.15 2,173.01
Revenue 2,188.15 1,764.22 1,155.68 1,357.15 2,173.01
Total Revenue 2,188.15 1,764.22 1,155.68 1,357.15 2,173.01
Cost of Revenue 750.58 599.00 548.02 580.99 524.88
Cost of Revenue, Total 750.58 599.00 548.02 580.99 524.88
Gross Profit 1,437.57 1,165.22 607.65 776.16 1,648.13
Selling/General/Administrative Expense 86.18 97.27 88.86 97.11 129.60
Labor & Related Expense 33.10 34.00 26.00 13.70 --
Selling/General/Administrative Expenses, Total 119.28 131.27 114.86 110.81 129.60
Research & Development 113.82 21.53 27.66 27.46 28.75
Depreciation 417.48 568.82 590.13 622.21 632.76
Depreciation/Amortization 417.48 568.82 590.13 622.21 632.76
Investment Income - Operating -1.14 100.49 2.48 -6.42 -3.08
Interest/Investment Income - Operating -1.14 100.49 2.48 -6.42 -3.08
Interest Expense (Income), Net-Operating, Total -1.14 100.49 2.48 -6.42 -3.08
Impairment-Assets Held for Use 0.00 482.81 435.62 114.88 771.04
Loss (Gain) on Sale of Assets - Operating 16.33 11.57 1.86 -3.87 -17.12
Other Unusual Expense (Income) 0.00 0.00 4.71 0.00 --
Unusual Expense (Income) 16.33 494.38 442.19 111.01 753.92
Total Operating Expense 1,416.35 1,915.48 1,725.33 1,446.06 2,066.83
Operating Income 771.80 -151.26 -569.65 -88.91 106.19
Interest Expense - Non-Operating -73.20 -82.13 -88.34 -96.91 -73.79
Interest Expense, Net Non-Operating -73.20 -82.13 -88.34 -96.91 -73.79
Interest Income (Expense), Net Non-Operating -- -- -- -- --
Interest Income (Expense), Net-Non-Operating, Total -73.20 -82.13 -88.34 -96.91 -73.79
Other Non-Operating Income (Expense) -0.46 4.96 -1.61 -1.45 --
Other, Net -0.46 4.96 -1.61 -1.45 --
Net Income Before Taxes 698.14 -228.44 -659.60 -187.27 32.40
Income Tax – Total 152.46 -85.93 -242.48 -73.38 -72.07
Income After Tax 545.68 -142.51 -417.12 -113.89 104.47
Net Income Before Extraordinary Items 545.68 -142.51 -417.12 -113.89 104.47
Extraordinary Item 11.37 242.90 -- -- --
Total Extraordinary Items 11.37 242.90 -- -- --
Net Income 557.04 100.39 -417.12 -113.89 104.47
Income Available to Common Excluding Extraordinary Items 545.68 -142.51 -417.12 -113.89 104.47
Income Available to Common Stocks Including Extraordinary Items 557.04 100.39 -417.12 -113.89 104.47
Basic Weighted Average Shares 445.54 463.74 456.85 413.70 415.84
Basic EPS Excluding Extraordinary Items 1.22 -0.31 -0.91 -0.28 0.25
Basic EPS Including Extraordinary Items 1.25 0.22 -0.91 -0.28 0.25
Diluted Net Income 557.04 100.39 -417.12 -113.89 104.47
Diluted Weighted Average Shares 447.57 465.55 456.85 413.70 417.60
Diluted EPS Excluding Extraordinary Items 1.22 -0.31 -0.91 -0.28 0.25
Diluted EPS Including Extraordinary Items 1.24 0.22 -0.91 -0.28 0.25
DPS - Common Stock Primary Issue 0.25 0.17 0.08 0.08 0.08
Gross Dividends - Common Stock 111.37 78.84 36.19 33.09 33.28
Litigation Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items 16.33 494.38 442.19 111.01 753.92
Normalized Income Before Taxes 714.46 265.94 -217.41 -76.26 786.32
Effect of Special Items on Income Taxes 3.57 173.03 154.76 38.85 263.87
Income Taxes Excluding Impact of Special Items 156.03 87.10 -87.71 -34.53 191.80
Normalized Income After Taxes 558.44 178.84 -129.70 -41.74 594.51
Normalized Income Available to Common 558.44 178.84 -129.70 -41.74 594.51
Basic Normalized EPS 1.25 0.39 -0.28 -0.10 1.43
Diluted Normalized EPS 1.25 0.38 -0.28 -0.10 1.42
Depreciation, Supplemental 417.48 568.82 590.13 622.21 632.76
Interest Expense, Supplemental 73.20 82.13 88.34 96.91 73.79
Rental Expense, Supplemental 9.30 9.70 10.70 13.90 10.80
Stock-Based Compensation, Supplemental 33.10 34.00 26.00 13.70 21.46
Equity in Affiliates, Supplemental 1.14 -100.49 -2.48 6.42 3.08
Research & Development Expense, Supplemental 113.82 21.53 27.66 27.46 28.75
Audit-Related Fees, Supplemental -- 1.67 1.70 1.70 1.64
Audit-Related Fees -- 0.04 0.00 0.00 0.00
Tax Fees, Supplemental -- 0.38 0.39 0.35 0.58
All Other Fees Paid to Auditor, Supplemental -- 0.21 0.00 0.00 0.00
Gross Margin 65.70 66.05 52.58 57.19 75.85
Operating Margin 35.27 -8.57 -49.29 -6.55 4.89
Pretax Margin 31.91 -12.95 -57.07 -13.80 1.49
Effective Tax Rate 21.84 -- -- -- -222.42
Net Profit Margin 24.94 -8.08 -36.09 -8.39 4.81
Normalized EBIT 786.99 443.60 -124.99 15.68 857.02
Normalized EBITDA 1,204.47 1,012.42 465.14 637.89 1,489.78
Current Tax - Domestic -95.19 -9.53 -9.92 0.98 44.89
Current Tax - Local 6.68 1.82 -1.85 -1.40 -4.39
Current Tax - Total -88.51 -7.72 -11.77 -0.41 40.50
Deferred Tax - Domestic 242.01 -71.04 -218.36 -72.87 -80.19
Deferred Tax - Local -1.04 -7.18 -12.35 -0.10 -32.38
Deferred Tax - Total 240.97 -78.21 -230.71 -72.97 -112.57
Income Tax - Total 152.46 -85.93 -242.48 -73.38 -72.07
Interest Cost - Domestic -- -- -- -- --
Service Cost - Domestic -- -- -- -- --
Prior Service Cost - Domestic -- -- -- -- --
Expected Return on Assets - Domestic -- -- -- -- --
Actuarial Gains and Losses - Domestic -- -- -- -- --
Curtailments & Settlements - Domestic -- -- -- -- --
Other Pension, Net - Domestic -- -- -- -- 0.00
Domestic Pension Plan Expense -- -- -- -- 0.00
Interest Cost - Post-Retirement 1.17 1.10 1.50 1.45 1.34
Service Cost - Post-Retirement 1.78 1.51 2.32 1.81 1.30
Prior Service Cost - Post-Retirement -0.71 -1.18 0.11 -- --
Actuarial Gains and Losses - Post-Retirement -- -- 0.00 0.00 -0.03
Transition Costs - Post-Retirement -- -- -- -- --
Post-Retirement Plan Expense 2.24 1.42 3.93 3.26 2.61
Defined Contribution Expense - Domestic 5.90 6.50 6.50 7.10 7.20
Total Pension Expense 8.14 7.92 10.43 10.36 9.81
Discount Rate - Domestic -- -- -- -- --
Discount Rate - Post-Retirement -- -- -- -- --
Expected Rate of Return - Domestic -- -- -- -- --
Compensation Rate - Domestic -- -- -- -- --
Total Plan Interest Cost 1.17 1.10 1.50 1.45 1.34
Total Plan Service Cost 1.78 1.51 2.32 1.81 1.30
Total Plan Expected Return -- -- -- -- --
Total Plan Other Expense -- -- -- -- 0.00
Crude Oil, Avg. Production (Barrels/Day) 2,265.03 13,532.79 10,964.75 16,655.74 10,852.05
Crude Oil Production (Barrels) 829,000.00 4,953,000.00 4,013,100.00 6,096,000.00 3,961,000.00
Gas Liquids, Average Production (Barrels/Day) 205.19 1,399.18 1,205.46 -- --
Gas Liquids Production (Barrels) 75,100.00 512,100.00 441,200.00 -- --
Natural Gas, Average Production (Cubic Meters/Day) 56,477,508.20 50,728,393.44 46,457,180.33 43,795,409.84 39,415,232.96
Natural Gas, Average Sales Price per Cubic Meter 0.09 0.08 0.06 0.08 0.12
Natural Gas Production (Cubic Meters) 20,648,112,000.00 18,566,592,000.00 17,003,328,000.00 16,029,120,000.00 14,386,560,000.00
Oil Equivalent Production (Barrels/Day) 335,670.00 313,000.00 285,570.00 283,333.00 250,000.00
Exploration and Development Costs 872.88 658.73 27.66 757.45 1,483.03

In millions of USD (except for per share items)

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